Oak Hill shareholders have until Nov. 27 to elect payment in WesBanco merger

By Lisa Kerner

Charlotte, N.C., Nov. 1 - WesBanco, Inc. and Oak Hill Financial, Inc. set 5 p.m. ET on Nov. 27 as the deadline for merger consideration elections in connection with the companies' proposed merger.

Oak Hill shareholders and WesBanco shareholders will vote on the merger agreement at separate meetings on Nov. 16, according to a news release.

As previously reported, Oak Hill shareholders may elect to receive either 1.256 shares of WesBanco common stock or cash in the amount of $38 for each share of Oak Hill common stock. The exchange is subject to an overall allocation of 90% stock and 10% cash.

Georgeson Inc. (888 605-8337) is the information agent, and Computershare Trust Co., Inc. is the exchange agent for the transaction.

Oak Hill is a financial holding company located in Jackson, Ohio.

WesBanco is a multi-state bank holding company based in Wheeling, W.Va.

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